Boris Schlossberg of GFT explains yesterday’s plunge in the stock market. He says trader error had little to do with the selloff and asserted that currency markets and algorithmic trading played a far greater role.

From the current issue of

Forecasting markets has always been fraught with danger for analysts and traders alike. MODERN TRADER has dedicated issues detailing the pitfalls of following so-called markets gurus. Too often these market experts are allowed to flaunt their winning forecasts and let their losers fade into the background.